PEN 4.76% 10.0¢ peninsula energy limited

general meeting, page-32

  1. 1,262 Posts.
    lightbulb Created with Sketch. 28
    Motty, thumbs up from me! Just read it again:

    "He is very confident on proving up 15 million pounds from these two targets. We all know the name of them. He stated that a million pounds of U308 is like having a resource of 1 million oz gold and that people perhaps did not realize the significant value of a million pounds of U308."

    I never realised this... this is massive! And he is confortable to go into construction with 20m ... this is like starting up production on a 20 million oz gold site! MASSIVE!

    Thanks again Moty!

    EE.
 
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